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Rubber Market Closes Higher, Tracking Regional Futures Markets

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 19 (Bernama) -- The Kuala Lumpur rubber market rose to end higher on Tuesday, supported by an uptrend in regional rubber futures markets, a dealer said.

Gold Futures End Higher Amid Geopolitical Tensions

KUALA LUMPUR, Nov 18 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Monday, driven by increasing geopolitical tensions in the Middle East that increased investor demand.

Strong Investments, Exports Drive Malaysia's Third Quarter GDP Growth To 5.3 Pct

KUALA LUMPUR, Nov 15 -- The Malaysian economy expanded by 5.3 per cent in the third quarter of 2024 (3Q 2024), driven by strong investment activities and continued improvement in exports.

Gold Futures End Lower On Stronger US Dollar, Higher US Treasury Yields

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 14 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today, weighed down by the US dollar’s stronger performance and higher United States (US) treasury yields, said an analyst.

Johor Plantations' 3Q Net Profit Rises To RM77.11 Mln

KUALA LUMPUR, Nov 13 (Bernama) -- Johor Plantations Group Bhd’s net profit rose to RM77.11 million for the third quarter ended Sept 30, 2024 (3Q 2024) from RM68.28 million in the same period last year. 

MMHE Returns To Black With RM15.27 Mln Net Profit In 3Q 2024

KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) returned to the black with a net profit of RM15.27 million in the third quarter ended Sept 30, 2024 (3Q 2024), compared to a net loss of RM105.21 million in 3Q 2023.

HLIB Expects Malaysia's 3Q GDP Growth To Moderate To 5.3 Pct

KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia’s gross domestic product (GDP) for the third quarter of 2024 (3Q 2024) is expected to moderate to 5.3 per cent year-on-year (y-o-y), supported by continued expansion across most sectors, particularly manufacturing and services, said Hong Leong Investment Bank Bhd (HLIB). 

APEC Growth Seen Moderating To 3.1 Pct In 2025 Amid Rising Debt, Geopolitical Risk

From M. Saraswathi

LIMA (Peru), Nov 12 (Bernama) -- Economic and geopolitical factors are slowing growth in the Asia Pacific Economic Cooperation (APEC) region, which consists of 21 member economies, according to the APEC Regional Trends Analysis report.

EPF Reports RM19.67 Bln Investment Income In 3Q

KUALA LUMPUR, Nov 11 (Bernama) -- The Employees Provident Fund’s (EPF) investment income rose by RM5 billion to RM19.67 billion in the third quarter (3Q) of 2024, from RM14.67 billion in 3Q 2023.

Bursa Malaysia Ends Lower On Profit-taking

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia closed lower on the first day of the trading week weighed by profit-taking in heavyweights, particularly Tenaga Nasional and banking sectors, said an analyst. 

BMI Maintains Brent Crude Price At US$81 Per Barrel In 2024

KUALA LUMPUR, Nov 8 (Bernama) -- BMI, a Fitch Solutions company, has maintained its forecast for Brent crude price at US$81 per barrel in 2024, falling to US$78 per barrel in 2025.

Local Rubber Market Ends Mixed Amid Uptrend In Regional Peers

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 7 (Bernama) -- The Kuala Lumpur rubber market continued to close mixed on Thursday, supported by the uptrend in regional rubber futures markets and encouraging Chinese economic data amid China’s affirmation to sustain its economic recovery, a dealer said.